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20121004
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CNBC
Oct 3, 2012 7:00pm EDT
spending. you know that jim lehrer, who is very good at this, is going to ask romney for specifics on this. what are the specifics on spending cuts? we've not heard them. >> we know where the problems are in the federal budget. medicare is responsible for a quarter of the federal debt in the last ten years. i have a plan to take action and get that under control. the president doesn't. if you look at his budget, they are a recipe for middle-class tax hikes. you cannot spend that kind of money without taxing the middle class. it's arithmetic, it's not politics. one of the things that governor romney has to do tonight is make the president own his record. his record's very unpopular. his policies are very unpopular but the president is very slippery and evasive and good at finger pointing. that's got to stop tonight. >> how can romney talk about spending cuts and medicare when president obama's $716 billion in medicare cuts, romney says we have to put that money back into it, he wants to add money to defense and give a $5 trillion tax cut, that's going to blow a hole in the deficit. how
CNBC
Oct 3, 2012 8:00pm EDT
have much choice but to try to do it. we'll see where the help of jim lehrer, the moderator, exactly how he uses this moment. >> talk to you in a moment. whenever there's a big night involving politics, you can bet larry kudlow is involved. he's here on set with us. you were disappointed with mitt romney on the convention at large. is this a time to reform that. >> particularly on the economy and jobs. at the whole republican convention and mitt romney's speech set that campaign back several weeks in my opinion. they got no bump and no bounce. in fact, they probably got a negative bounce. so tonight it is incumbent on him to do two things. one is make the big picture. he's the free enterpriser and president obama is the big government planner. and those are big differences in philosophy in government. two, romney has a tax cut plan. he has a spending cut plan. he has an energy plan. he's got to make it clear. he's got to explain to people the connection between his plans and the economic recovery that we have not yet had. that's a tall order for romney. and he's going to have to figh
CNBC
Oct 4, 2012 12:00pm EDT
play the role of jim lehrer for a moment. >> you know we're big fans of the big banks. i do think expectations are very, very low and at trough earnings in the next quarter or two, and i think technology, this is when you want to own technology, the seasonal trade. so some of the semiconductor companies like broadcom, we've been fine. >> josh brown? >> i don't know that i'll ever see a chart prettier than xlv. it is the one sector that's completely impervious to greece, to china, to fiscal cliff. all of these things are not going to matter. the bigger picture is that people spending more and more on health care as they age and look at the way the stocks act. i'm give you one in particular in addition to the it. merck. it's paying a huge dividend. this is the success tore that you want to look for buys in in my opinion. not laggards or industrials or nonsensitive stocks. >> you heard adami. let's bring in ed yar denis, president of yar denis research. welcome back to halftime. good to have you on the show. >> they think we're going higher. what do you think? >> the bulls market rea
CNBC
Oct 4, 2012 6:00am EDT
really that it's not really that fair that jim lehrer was the only guy with a teleprompter. you'll hear about that a lot probably, too. does that seem fair to you, that he's the only guy get as teleprompter? that was part of the problem. anyway, i guess we got to -- >> that teleprompter stuff is ridiculous. >> i know. i was just going to stick with the life lived without alcohol, you have a lot of brain cells, i was going to stick with that, but i can't help myself. >> just think how much better i'd be with you if i'd done the same thing. >> exactly. but i read like bill maher, there were -- the left abandons people so quickly if they get mad. i read from people, no, that complaint be really be him saying it. >> i think our colleagues on msnbc were pretty hot about it last night. >> that's what i mean. god bless them. all right. john harwood, thank you. >>> one day closer to the big jobs report from the government. today thursday's weekly jobless claims report. that hits the wires at 8:30. in the meantime, what's been happening in europe is that things have barely bunched there again an
Search Results 0 to 3 of about 4